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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
Cash flows from operating activities:    
Net income $ 211,371 $ 182,220
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 60,595 55,134
Gain on disposition of property and equipment (15) (68)
Share-based compensation expense 9,835 8,118
Excess tax benefit of stock options exercised (12,900) (4,171)
Deferred income taxes (11,236) (12,980)
Change in assets and liabilities:    
Inventories (177,696) (175,277)
Prepaid expenses and other current assets 4,405 9,239
Accounts payable 81,846 73,683
Accrued employee compensation (8,146) (29,415)
Other accrued expenses (4,533) (10,742)
Income taxes payable 78,414 67,921
Other 1,475 2,842
Net cash provided by operating activities 233,415 166,504
Cash flows from investing activities:    
Capital expenditures (97,014) (82,114)
Proceeds from sale of property and equipment 301 166
Net cash used in investing activities (96,713) (81,948)
Cash flows from financing activities:    
Borrowings under revolving credit agreement 180,000 110,000
Repayments under revolving credit agreement (180,000) (110,000)
Excess tax benefit of stock options exercised 12,900 4,171
Principal payments under capital lease obligations (199) (27)
Repurchase of shares to satisfy tax obligations (1,095) (1,211)
Repurchase of common stock (124,540) (146,997)
Net proceeds from issuance of common stock 30,466 13,000
Cash dividends paid to stockholders (49,051) (40,270)
Net cash used in financing activities (131,519) (171,334)
Net change in cash and cash equivalents 5,183 (86,778)
Cash and cash equivalents at beginning of period 51,134 142,743
Cash and cash equivalents at end of period 56,317 55,965
Cash paid during the period for:    
Interest 694 360
Income taxes 57,367 51,306
Supplemental disclosures of non-cash activities:    
Property acquired through capital lease 4,122 1,988
Non-cash accruals for construction in progress $ 22,442 $ 7,745